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Article: Harbor National Bank Announces Record Assets, Deposits and Net Income for Fiscal Year 2002; Deposits Up 39% to $105.8 Million With Loans Increasing 51% to $83.3 Million.
- Article from:
- Business Wire
- Article date:
- January 27, 2003
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Business Editors
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Jan. 27, 2003
Harbor National Bank (OTCBB:HNTB), Orange County's premier business bank with offices in Dana Point, Newport Beach and Anaheim, today announced operating results for the fiscal year ended December 31, 2002.
For the fiscal year ended December 31, 2002, Harbor National reported total assets of $118.8 million, an increase of 45% from $82.1 million in the previous fiscal year. Deposits grew by 39%, from $76.1 million to $105.8 million at the end of FY 2002. Loans grew by 51%, from $55.2 million to $83.3 million at the end of FY 2002.
Harbor National Bank reported net ...